Bitfarms Ltd. Property, Plant, Equpment (Net)

Property, Plant, Equpment (Net) of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including Property, Plant, Equpment (Net) growth rates and interactive chart. Property, plant, and equipment (aslo called PP&E) are a company's physical or tangible long-term assets that typically have a life of more than one year. Examples of PP&E include buildings, machinery, land, office equipment, furniture, and vehicles.


Highlights and Quick Summary

  • Property, Plant, Equpment (Net) for the quarter ending September 29, 2021 was $88.1 Million (a 34.06% increase compared to previous quarter)
  • Year-over-year quarterly Property, Plant, Equpment (Net) increased by 146.05%
  • Annual Property, Plant, Equpment (Net) for 2020 was $35.8 Million (a -5.24% decrease from previous year)
  • Annual Property, Plant, Equpment (Net) for 2019 was $37.8 Million (a 81.07% increase from previous year)
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Historical Property, Plant, Equpment (Net) of Bitfarms Ltd.

Most recent Property, Plant, Equpment (Net)of BITF including historical data for past 10 years.

Interactive Chart of Property, Plant, Equpment (Net) of Bitfarms Ltd.

Bitfarms Ltd. Property, Plant, Equpment (Net) for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $88.07 $65.69 $45.44
2020 $35.79 $33.91 $34.94 $36.03 $35.79
2019 $37.77 $37.77
2018 $48.95 $20.86

Business Profile of Bitfarms Ltd.

Sector: Financial Services
Industry: Capital Markets
Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. It also provides electrician services to commercial and residential customers in Quebec, Canada. It also provides hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.